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Russia’s Crypto Mining Farms Would Have to Report to Government Under Proposed Bill
31.8.2020
Russian wants all data centers, including mining farms, to report what they do and how they operate. Local experts say that brings risk
3.5 Million Crypto Wallets Downloaded in July, Active Users up 110% in the Year
29.8.2020
A record 3.5 million crypto wallet app downloads were recorded in July 2020, representing an increase of 81% when compared to the same period last year. In addition, the number of active users went up by 110% between January 1 and August 19, 2020. According to a report authored by Madeline Lenahan...
Energy Giant Equinor to Cut Gas Flaring With Bitcoin Mining Tie-Up: Report
28.8.2020
Equinor will use digital flare mitigation tech from Crusoe Energy at its Bakken oilfield operations in the U.S
Banks in Mexico Pose Greater Money Laundering Risk Than Crypto Firms, Says Report
28.8.2020
Commercial banks by far pose the greatest risk of money laundering in Mexico compared to crypto-related companies, according to a new report by the country’s Financial Intelligence Unit (FIU). The study singles out what it calls the “G7 banking group”, which includes BBVA...
More Than 95% of Crypto Futures Volume Is in Asia: Report
27.8.2020
Asian exchanges account for more than 95% of the futures volume in crypto, according to a new report by Switzerland-based Blockchain Valley Ventures
Chainalysis Report Shows Healthy Crypto Usage in Venezuela
27.8.2020
The Venezuelan government's push to create a cryptocurrency-centric economy appears to be working, but perhaps not in the way officials had hoped
Korean Police Seize Crypto Exchange Coinbit Over Allegations of $84 Million in Wash Trades
27.8.2020
Police in South Korea on Wednesday raided and seized the offices of Coinbit, the country’s third largest crypto exchange, over allegations it faked 99% of its trading volume. According to a report from Seoul News, local police took control of Coinbit’s headquarters in Gangnam as well...
Report: Russia Remains a ‘Key Market for Crypto,’ Commands the 3rd Largest Bitcoin Hashrate in the World
27.8.2020
The fervor for cryptocurrency assets in Russia has grown wild over the last few years. This week Xangle Research published a comprehensive report about digital currencies and the Russian environment in 2020. The study’s findings show that Russia is one of the world’s key players when...
A new report from Mexico says banks are used to launder money more than crypto
26.8.2020
The traditional banking sector is lagging behind in the race with crypto
Biggest Darknet Market Allegedly Exit Scams USD 30M In Crypto - Report
26.8.2020
Leading darknet market Empire Market has reportedly shut down its operations, exit scamming the site’s estimated 1.3 million users out of some bitcoin (BTC) 2,638, worth close to USD 30 million.
Reported by dark.fail, a journalist specialized in covering the darknet, the development comes with...
Crypto Exchanges as Competitive as Google, JPMorgan, the Fed - Report
26.8.2020
Business is booming for crypto exchanges, per a new report, which claims that the industry is becoming as competitive as tech giants, major banks – and even the American central bank.
These were the findings of a paper from Coin Metrics, whose authors wrote,
“The crypto industry, and exchanges...
North Korean Hacker Group Targeted Crypto Firm Using LinkedIn Ad: Cybersecurity Report
25.8.2020
According to a report by F-secure, a Finland-based cybersecurity company, hackers from the infamous Lazarus group targeted a crypto firm in an attack last year
BIS Report: CBDCs Are on the Way, But They Won’t Replace Cash
25.8.2020
Soure: Adobe/syahrir
The Bank for International Settlements (BIS) has talked up central bank digital currencies (CBDCs) again, but insists that state-issued tokens would not make cash obsolete – and will instead work alongside fiat.
These were the findings of a new paper entitled “Rise of...
Moscow May Sell Footage From Public Security Cameras: Report
24.8.2020
Moscow authorities can sell and broadcast in the internet video from surveillance cameras in the city, media report
Over $1M in Ryuk Ransomware Bitcoin Was ‘Cashed Out’ on Binance: Report
24.8.2020
Researchers reportedly traced bitcoin sent as payments to Ryuk ransomware controllers and found a good portion passed through Binance
Report suggests $1 million of ransomed Bitcoin was cashed out on Binance
24.8.2020
Binance Security Team explains that security systems and techniques are constantly evolving to identify malicious activity while minimizing false positives
USD 50B in Crypto from Asia Hints at Chinese Capital Flight – Report
21.8.2020
With more than USD 50 billion in crypto leaving wallet addresses tied to East Asia and headed to other regions around the world over the past 12 months, signs point to crypto increasingly being used to evade strict Chinese capital controls, a new report from on-chain analysis firm Chainalysis...
US Says North Korea Has 6,000 Hackers: Many in Belarus, China, India, Malaysia, Russia
20.8.2020
North Korea allegedly has about 6,000 hackers, many of whom operate abroad, according to a recent report published by the U.S. Army. The infamous Lazarus Group, thought to be linked to a number of cryptocurrency exchange hacks, is among them. North Korea’s Bureau 121 The U.S. Army recently...
China’s Bitcoin Mining Industry Impacted the Most This Year, Says Report
20.8.2020
The researchers and analysts from Tokeninsight published it’s “2020 Q2 Cryptocurrency Mining Industry Report” which shows the industry has grown exponentially during the last six months. The findings indicate cryptocurrency mining has expanded a great deal but China’s...
Flood of Yield Farming Projects Likely Coming to Cryptoverse - Report
19.8.2020
Ethereum (ETH) decentralized finance (DeFi) protocols, such as the troubled Yam Finance yield farming project, are expected to rise in popularity in the coming months, with industry observers saying that the extremely high yields they offer encourage the rapid development of communities that...